The West Virginia sports betting market saw a dip in overall revenue for the period encompassing most of June.
Overall, the sports betting revenue in the four-week period ending June 29 was $377,552 according to the West Virginia Sports Lottery official website. That is a major drop from the $535,779 that West Virginia recorded in revenue from the previous four-week period, from May 5-June 1. West Virginia releases its reports broken down by weekly figures rather than monthly as most states do.
The total money wagered money by bettors fell from $8.408 million to $7.428 million in comparison from one four-week window to the next.
The Hollywood Casino at Charles Town Races continues to the leader of the three casinos intact in West Virginia.
The Hollywood Casino took in $201,618 in overall revenue for the period encompassing most of June and had a handle of wagers of $5.42 million.
Coming in next was the Mountaineer Casino which continues to place second for each reporting period. It took in a revenue of $154,952 and about $1.876 million in total wagers.
Next on the list is the other active sports betting facility in West Virginia, The Greenbriar Casino. The Greenbriar had $21,811 in revenue between June 2-29 and the total handle money was $132,162.
After West Virginia legalized sports betting last year, in the wake of the U.S. Supreme Court’s decision to strike down PASPA, the Mountain State had five casinos that had sportsbooks. The Hollywood Casino, Mountaineer Casino and The Greenbriar were joined by Mardi Gras Casino and Wheeling Island Hotel Casino Racetrack.
The Mardi Gras and Wheeling Island sportsbooks partnered with the BetLucky Sportsbook to provide an online betting options via mobile devices and desktop computer. But it was ultimately shut down in March due to a contract dispute between technology company Miomni Gaming and its opposing contractor Enterg Software Solutions. Since then, West Virginia has been without a mobile betting platform.
Both the Mardi Gras and Wheeling Island locations did not accept any bets in June. That marks the fourth straight month that those two sportsbooks did not allow sports betting wagers, though they continued to pay out winnings for bets placed before the shutdown.
This past December, there was some progress made in the online sports betting realm when DraftKings made a deal with the leading West Virginia casino, the Hollywood Casino Sportsbook. However, nothing has really happened since and the gamblers in the state have been waiting to see if DraftKings will indeed take over the online market and make it that much easier for them to bet.
In late May, the West Virginia Lottery said DraftKings ran some tests and planned a soft launch for its online sports gambling application by the end of the month. But that still hasn’t happened.
In early June, the state lottery announced that the launch of the DraftKings sports betting application will be delayed due to the Federal Wire Act. The location of servers and overall compliance must be done with caution.
If the online market is reactivated it would be huge for West Virginia and the online market. The DraftKings sportsbook has been extremely successful in New Jersey’s booming sports betting market and the company could bring a similar impact to the Mountain State.